INTERNSHIP PROJECT REPORT ON ROLE OF LIFE INSURANCE COMPANY IN THE ECONOMIC DEVELOPMENT OF BANGALDESH AND FINANCIAL CONTROL SYSTEM: A STUDY ON JIBAN BIMA COROPORATION. (This internship Project report is submitted for the partial fulfillment of the Degree of Master of Business Administration with a major in Marketing) SUPERVISED BY Nighar Sultana Lecturer Faculty of Business Administration BGC Trust University Bangladesh PREPARD BY Tasmin Akter
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SMART Objective – Wedding Reception Objective: Plan a five hour wedding reception for 200 guests on a budget of $15‚000 that revolves around dinner‚ dancing‚ live music‚ cutting cake‚ and farewell to the couple‚ with an indoor venue reserved one year before the wedding date‚ and all plans finalized one month before the wedding date. Time – Time will be the most crucial constraint and will be prioritized. There is an obvious time constraint on assuring that all events will occur on the wedding day
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CAPTIVES VS. OUTSOURCING The insurance sourcing choice INSURANCE SOURCING CHOICE – CAPTIVES vs. OUTSOURCING Table of Contents Insurance sourcing- Market and journey so far .................................................................................................................... 4 Why the shift from Captive to a third party supplier? .......................................................................................................... 4 How are the third party suppliers doing in
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RESEARCH OBJECTIVES Indian retailing industry has seen phenomenal growth in the last 5 years. Organized retailing has finally emerged from the shadows of unorganized retailing and is contributing significantly in the growth of Indian retail sector. ➢ Organized retail form 10% of total retailing. In the meantime‚ the organized sector will grow at the rate of around 30% per annum ➢ Cultural and regional differences in India are the biggest challenges in front of retailers. These factors
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PROJECT FINAL REPORT ON Agency business model of insurance companies “competitive strategies” BY SUBODH GUPTA (07BS4336) SBI Life Insurance Company Limited Summer Internship Project (Batch of 2009) PROJECT TITLE Agency business model of insurance companies “competitive strategies” A report submitted in partial fulfillment of the requirements of MBA program COMPANY GUIDE FACULTY GUIDE Mr. Suresh Kumar V. Prof. T.N.Ramakumar DSM
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Management ____________________________________________________________ _________________________ Case Study Manzana Insurance [pic] Presented to: Prof B. Mahadevan Submitted By Group 12 (Section B) Peeyush Razdan (0811115) Shalekh Banka (0811124) Shalem Anand Tirkey (0811125) Shreshth Sharma (0811128) Sumeet Mittal (0811131) Manzana Insurance As per the case facts‚ Manzana Insurance’s Fruitvale branch is the least performing branch and the senior VP seeks a report
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Discuss Insurance sector from different angles and discuss entry and exit of firms in insurance sector Discuss Insurance sector from different angles • TERM INSURANCE: Insurance may be described as a social device to reduce or eliminate risk of loss to life and property. Under the plan of insurance‚ a large number of people associate themselves by sharing risks attached to individuals. The risks which can be insured against include fire‚ the perils of sea‚ death and accidents and burglary
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settlement • Reinsurance • Investments Copyright © 2011 Pearson Prentice Hall. All rights reserved. 6-1 Rating and Ratemaking • Ratemaking refers to the pricing of insurance and the calculation of insurance premiums – A rate is the price per unit of insurance – An exposure unit is the unit of measurement used in insurance pricing premium = rate * exposure units – Total premiums charged must be adequate for paying all claims and expenses during the policy period – Rates and premiums
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STRATEGIC OBJECTIVES Increased market share. Higher quality products to enhance the positioning. Lower costs relative to key competitors. Broader lines and attractive products consumer. Better service to customers. Loyalty or addition of new clients TYPES OF STRATEGIES Segmentation and Positioning Basic Competitive Strategies Porter Growth Strategies Strategies against the competition Launching new products PORTER COMPETITIVE BASIC STRATEGIES Competitive advantage
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OBJECTIVE: “An army of a thousand is easy to find‚ but how difficult it is to find a general”. This quote sums up our reason for undertaking this assignment. As good leaders develop through a never ending process of self-study‚ education‚ training‚ and experience‚ we‚ as management students‚ seeking to be the leaders of tomorrow‚ have interviewed the top professionals of various insurance companies with the objective of imbibing the qualities possessed by them in us. METHODOLOGY: To decipher
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